SCHULER AG

As the technological and global market leader in metal and plastic forming equipment, Schuler offers cutting edge presses, automation, dies, process know-how and services for the entire metal forming industry and lightweight vehicle construction. Its clients include car manufacturers and their suppliers, as well as companies in the forging, household equipment, packaging, energy and electrical industries. Schuler is the market leader in coin minting technology and supplies systems solutions ... for the aerospace, railway and large pipes industries. With 5,500 employees, Schuler is represented in 40 nations around the world. The Austrian ANDRITZ Group holds a majority share in Schuler. For years now, Schuler has played a pioneering role in the industry when it comes to blue-chip technology and innovation. What are the reasons for this? Schuler likes to think differently from time to time. Take new approaches. Reinforcing Schuler's efforts again and again. In this way, they are taking huge strides towards the future. For this reason, Schuler bundles their expertise in technology fields. As a result, Schuler maintains their leading market position and their leadership in innovation for forming technology. Schuler does this with progressive technology and innovation management, combined with continuous product development. The Schuler name represents technological expertise, strength in innovation, clear customer focus and a workforce that is committed to conducting business in an ethical and responsible manner. This has long been our tradition, dating back to 1839 when Schuler was founded on the principles of an honorable merchant. Today, this ethic remains the basis for the excellent reputation Schuler has earned with their customers throughout the world, as well as within their industry, the capital markets and in communities around the globe. For a successful, traditional company like Schuler, the need to comply with legal regulations goes without saying. Such violations as corruption and the infringement of competition laws, for example, are serious threats to their success and will not be tolerated – without exception. In other words, they have a “zero tolerance policy.” Schuler's belief is that corruption and infringement of laws pertaining to competition and export, or any other type of illegal behavior, are never justified in our attempts to win contracts. Schuler would rather forego the deal and perhaps fail to reach our internal targets than violate valid laws or accepted standards and values.” The Board of Management of Schuler AG has issued this Compliance Commitment, which clearly expresses their attitude toward observing the appropriate laws and guidelines throughout the Group. The clarity of these statements is aimed primarily at protecting the company and its employees. Schuler has taken extensive measures with their Compliance Program to ensure that the corruption and competition regulations, export trade laws and other standards, as well as the respective corporate guidelines, are all observed. Violations will not be tolerated and will result in sanctions being taken against the persons concerned. All members of the Board of Management, all General Managers, all senior managers and every individual employee must be fully aware of the extraordinary risks that such violations represent for Schuler and for themselves personally. Each employee, within his or her own area of responsibility, is called upon to become actively involved in the implementation of Schuler’s Compliance Program.More